Development in Peckham
We are investing millions into improving Peckham for the local community.
This includes major improvements to local infrastructure and services including
- Peckham Library
- Pulse Leisure Centre
- Peckham Square
- Peckham Rye Station
- redevelopment of the Aylesham Centre
Detailed updates about all major developments in Peckham are on our Regeneration pages but here is a brief summary:
Peckham Rye Station Square

Network Rail has spent two years working to restore the beautiful, Grade II listed, Peckham Rye Station. Work has now completed. The fabric of the building has been returned to the splendour of its 1860s heyday. This has paved the way for a number of major improvements to come.
For many years, we have worked to deliver a longstanding community aspiration to open up the view of the station building and improve access for passengers. Now, work is about to begin on building a brand-new, £27m public square in front of the station.
This will include demolition of the tired-looking shopping arcade. For decades, this has kept the grand station frontage hidden from public view. It also forced passengers to reach the entrance via a dim and shabby passageway through the arcade. By contrast, the new public square will
- create a bright, welcoming and wide-open approach to the station
- reveal the station’s architectural beauty
- bring the Victorian arches back into use
- create new premises for local and independent businesses
Find out more about Peckham Rye Station Square
Peckham Square

As well as building a new square outside Peckham Rye Station, we are working on a major revamp of the existing Peckham Square.
Following extensive public consultation in 2023, Graeme Massie Architects and Scott Whitby Studio were appointed to take this project forward. As well as improvements to the public spaces, we are refurbishing 91-93 Peckham High Street, (the row of council-owned buildings opposite the library) to create a new home for the local arts charity, Peckham Platform.
Find out more about Peckham Square
The Aylesham Centre

Berkeley, the owner of the Aylesham shopping centre, on Rye Lane, plans to redevelop the site. Berkeley wants to build new housing, new retail and to improve the surrounding area. The plan includes:
- new housing
- a replacement supermarket
- improvements to the bus station
Berkeley has submitted a planning application which should be considered by the council’s Planning Committee next year (2025).
Find out more about the Aylesham Centre
Other developments

The Flaxyard development completed in autumn 2024. It delivered:
- 96 new council homes and 24 shared ownership homes
- a new commercial space on the ground floor
- a roof terrace with picturesque views of the London skyline
- play areas
- cycle storage
- disabled parking
Page last updated: 04 December 2024